Post
Topic
Board Bitcoin Discussion
Re: Rebranding - Using the term Blockchain vs Bitcoin
by
koinvict
on 30/01/2015, 16:21:20 UTC
I'm sorry, but I fail to see the confusion here.

Designing other apps/protocols on top of the blockchain (big B Bitcoin) can be confused with the currency (little b bitcoin).  There needs to be a differentiation between the protocol and the tokens.

I don't think so and don't see the confusion. Bitcoin is the whole system but the coins are what you own / spend. People know which you're referring to given the context.

I agree there's not much confusion now.

But imagine developing upon a protocol called the Dollar and you spend dollars.  It'll become a more confusing term in the future if bitcoin ever becomes a mainstream currency.  The blockchain is MORE than just a currency.

I want to create contracts, social media, and various apps (anything that needs ownership) using this ledger/consensus technology.  The actual world-changing protocol should not have the same name as the currency that stems from it.

Just my $.02